Mercer

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Bamboozled. 555twitter.com_1710528976221.mp4

This is wild. Our system is different here. The lenders basically offer a fixed rate, which is contractual from the jump, or a variable rate, which you know what you';re getting into with that. All mortgages are long term though usually 15-30 years, and the mortgage itself is sold between different lenders but the rate in the original fixed rate contract doesn't change. People here will refinance, but only in situations where that will save the borrower/homeowner money. Like if they're at 5% interest, and someone is offering 3% interest. Completely different systems but I'm sure it's due to completely different banking regulations.

Weird you've noticed, a lot of people are telling me to wear a shirt. Anyway, does anyone else in here lactate randomly? I keep ruining shirts.

Weird that I'm the only person who's able to admit they were wrong on this. Given the evidence, I don't know a single person who's opinion has evolved on this subject. 555twitter.com_1710506882542.mp4

I hear you, it's just thought it was a given these people aren't considering buying a house yet if they're gettin minimum wage they're probably looking to make it to level 2 instead of skip level 2 & 3. I see so many people with a can't do mind set that are in way better positions than I was and so my advice is always geared towards positivity. As far as paying rent instead of owning, it depends. I bought my house 2020 using the cares act, and cashing out some of my 401k to put just 10% down for that very reason. Most of my savings were tied up un crypto, and I knew Bitcoin was about to spike like it does every halvening. Somehow I managed to pull off both thanks to covid. Investing is like that, there's always a better investment in hindsight, and random variables so nothing is ever truly 100%. I'd just say for most people, owning a home will be their best/biggest investment. Playing stocks/crypto/dividends etc. isn't really for most people. I will say the price of my home has almost doubled with just the market, my own home improvement work, and about 10k to contractors over the last 4 years. Even with interest rates back up to 80's levels the market, at least here, is still overpriced with no relief in sight. Honestly, I probably am a little out of touch with people in minimum wageish lines of work. Since I left NYC, everyone I know here either works in fire alarm, IT, is an electrician or something like that. The only other 12oz person I've hung out with in Denver is in 1.5 million dollar crib, with nice whips & classic cars, Mr. Raven is up in Montana building out factories and stuff. So if I see someone struggling it's like yeah, I been there myself, but can't relate anymore breaking through to the other side. I used to lie to myself thinking it's impossible to get ahead when I was out there buying range rovers, while living in a shitbox apartment in the East Village. I just stopped indulging in instant gratification of impulse buys, and looking for long term gratification. I started making moves at work, and saving and investing. So that's the overall message I try to share because that's my truth. Anyone in here can make it if they first believe it's possible, then do the work to get there. I know nothing hurts like the truth, so it can be a little annoying to hear someone telling you it's possible, but at the same time it's also the truth. I'm trying to make Americans, out of American'ts.

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OK, does this video of me playing guitar work? 555twitter.com_1710438139968.mp4

Roaches wouldn't sign the release for their image to be used in real estate advertisements.

Maybe I'm out of touch, but there has to be at least some people in Channel Zero who earn more than $21 per hour. It's weird how every time I've dropped a well thought out solid break downs on economics, someone instantly points out there's some unlikely scenario why what I'm saying is nonsense. I said paying rent months in advance wasn't a good look when you could be pocketing interest, and provided a pretty good financial breakdown. Someone chimed in like "yea, but what if you go on a months long bender, at least your rent is paid". I said investing now, to have more later is the way to go, another business tycoon said nah fam, you could be dead in a year anyway so a vacation is a better "investment". I mean I'm not mad, I'm kind of blown away at how people in here legit think about economics. If I said having two $50 dollars bills was better than having one, someone would say the extra weight of the ink & paper wasn't worth it, and some pockets wouldn't be able to hold both bills. This shit is vast, and wild, and cool.

Perfect example. Today some racist ass black dude came on a train in NYC looking for a fight. Starts to focus on a dude basically minding his own business. They start fighting, and the aggressor eventually pulls out a gun. The dude defending himself wrestles the gun away from him and caps him. Now the NYPD is deciding what they're going to charge the dude with for shooting the aggressor with his own gun. 555twitter.com_1710470960285.mp4

You're assuming someone should buy an average median house. I'm not suggesting that. If asked, I'd suggest 1/3 to 1/2 your take home should be your mortgage but that has nothing to do with my overall point so I didn't break that down. Depending on income you might need to live in a fixer upper like I did, somewhere in the hood, way out in the burbs, or in a condo. No matter what, fact is buying a below average home is still smarter than paying rent. Here's a scenario that's easily availiable even in my expensive neck of the woods: $120K Condo 20% down ($24k) 7.7% interest on a 30 year $2700 property tax per year $2400 homeowners insurance a year $1114.08 a month mortgage with taxes/insurance included Someone earning $39k a year can easily afford that by themselves, and still have some money left over. A $120k condo might not be ideal, but at least you won't be trying to paying a full rent when you're too old to work anymore, where the vast majority of us will eventually end up.

Half the videos I try to post are being converted to mp3's.

555twitter.com_1710213829895.mp4 Another one.

I can't post videos anymore. They're embedded as MP3's instead of MP4's. Anyone else have that issue?

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People there hate that shit. They've just given up on trying to do, or thinking it's possible to do shit because the constitution literally doesn't exist in that shithole. So many people live/vote there that are from other places in the world where rights doesn't exist, and so many people there that could give a fuck less, so the authorities can do whatever they want. I was there for the last time they decided to just search your shit in 2006 when England had a series of subway bombings. Nobody there gives a fuck. Instead of actually trying to fight crime, the police spend more time prosecuting people who fight back against criminals, than they do actual criminals. That's why people there just film when shit goes down, and nobody ever gets involved, they'll go to jail for trying to help and the person who started something they couldn't finish will be awarded something in a law suit. Suburban, small town Americans that have transplanted there are still naive enough to think the NYP scum will protect them, and it's hard watching their delusion get broke when they find out what's really happening. "Do you think I'll get my stuff back" officer: "laughs". They'll sometimes be shocked the police don't give a single fuck, and say something like" I pay your wages" again, officer "laughs". They know you don't have a choice. It's like asking the mafia to be moral because they're squeezing you for protection money. Little do the naive out of towners know by looking like you've got something to lose, like a job, or a future, you've put a huge target on your back. Again, if you fight back the police will arrest you. There's no investigation to see who "started it" or anything, just handcuffs and cases. Those cops could give 2 shits on weather they're breaking the law in their own country's core legal document. They do exactly as their told, by the most corrupt city government that's ever existed in America. In closing, fuck NYPD.

I regret getting it, I still got covid, and I risked a bunch of other extremely bad consequences. I look back at that shit now like how retarded can I be. My calculations were off because I thought the vaccine's risks were lower than the risks associated with getting covid. I still think my anti-mandade stance was in line with my principals, and each person should have been allowed to either chose, or not choose to get it. Either way, turns out, by being vaxxed, you take on both the risks associated with the vaccine itself, and you still get the risks associated with covid because that "vaccine" absolutely doesn't work, even a little, and several studies and my own anecdotal experiences & observations since then are proof. First they said you won't get/spread it. Then they said it reduces your chances of getting it by 80%, then 50%, then < 50%, then nothing, "but it keeps you from being hospitalized and dying from it". They skewed every study, and statistic regarding the vaccine the entire time which is also bullshit. There's no proof, just intentionally skewed statistics. People stopped dying from it as much in general regardless of vaccine status. Those too sick to risk getting vaccinated were kept in the statistics because, well, they'd die from both covid, or from getting the vaccine of course. So if you count the unvaccinated deaths, and not acknowledge vaccine injured people, you can spin these statistics into lying to yourself into your comfy zone where you're always right and can't admit when you're wrong. The so called "scientific" community went full authoritarian, and censored anyone who dissented from the government's position. They literally lied to everyone one about this and I do not respect anyone who was supposed to be an "expert" who lied. Might as well pulled the cock out of a big pharma execs pants and sucked the balls out of it, which might have been more respectable than possibly injuring millions of people, killing some, by advising they get a bullshit vaccine that had a 0% chance of stopping you from getting the disease it supposedly prevented, and spreading it to others, but had pages of health risks associated with it. /yes_regrets oner

For most people: Level 1 is having enough income to support yourself Level 2 is just being able to flex shoes/clothes, maybe a nice whip. Level 3 is being financially responsible, zero debt, and saving up money Level 4 is when you've built net worth, and you value it more than income Level 5 is when your net worth works for you, and you don't work for it anymore This is why it's always a good time to buy a house IMO, or at least better than paying rent waiting. Was it better 1, 2, 3, 4, 5, 6, 7, 8, years ago. Yes, of course. That's the norm. The sooner you buy the better. My parent's bought a house for 30K and I wish I could have. Now houses where I live are half a mill. Right now, I'm paying 2.8% interest on my mortgage. The banks/lenders are now offering between 6%-8% interest meaning your mortgage is going to be double mine for the same property. Seems stupid to buy right, but that's wrong for a few reasons. Think about level 4. By paying rent, you blow 100% of that payment. With a mortgage, even if most goes towards paying the interest on that loan, at least some portion of it goes towards the principal, which lowers your debt. and goes towards building your net worth. People that are holding off right now thinking once interest rates go back down then they'll buy are being foolish. First off, that's what everyone is thinking. So what do you think is going to happen to prices when everyone is trying to buy? They're going to shoot up. Meanwhile, the person that bought 5 years ago dropped their debt. and built that net worth, they go to the lenders and say let me refinance and boom, now their mortgage is lower than the person who waited to buy until the prices went up. Maybe they can even afford something bigger/nicer now and sell at a profit and roll that into the bigger nicer house. Either way, those who wait are fucking up IMO.

I don't even know if that's a real human, eyes look fake, but the hands rendered perfect.

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